Jio Platforms Q2 Results: Profit rises 14% YoY to Rs 8,389 crore; revenue up 11%

By

Akash Podishetti

, ETMarkets.comLast Updated: Oct 30, 2026, 07:26:00 PM IST

Synopsis

Jio Q2 Results: Jio’s profit growth was supported by healthy subscriber additions, expansion in its digital services business and a marginal rise in average revenue per user (ARPU).

In its maiden results following a healthy listing earlier in the week, Jio Platforms on Friday reported 14% growth in consolidated net profit to Rs 8,389 crore on the back of healthy subscriber additions, growth in digital services business and marginal increase in average revenue per user (ARPU).

Revenue from operations increased 11% to Rs 40,475 crore from Rs 36,332 crore a year earlier.

On a sequential basis, profit rose 8% from Rs 7,765 crore posted in the preceding June quarter, while revenue rose 3% quarter-on-quarter.

Jio's quarterly results mark the first earnings announcement after its October 28 stock market debut. The company's shares listed at Rs 1,358, a premium of 21% over issue price of Rs 1,119.

EBITDA for the quarter increased 17% YoY, driven by revenue growth, operating leverage and margin expansion of 250 bps.

ARPU (Average revenue per user) rose further to Rs 218.8 in the second quarter with promotional schemes for fixed broadband customers offsetting better subscriber mix and increased usage.

More to come...

...moreless

...moreless